In an April 22 note to clients, Barclays said Covid-19 had accelerated what it calls the “retail death curve,” the shift of business to e-commerce. Over the coming five years, 30% to 40% of still-existing physical shops will close, the bank said. Neighborhood shops hoping to survive may have to feature cashierless technology resembling Amazon Go, vending machine sales, and kiosks offering grab-and-go clothing combinations such as T-shirts, jeans, and jackets.

Source: The Harsh Future of American Cities – GEN

0 Comments

Leave a reply

Your email address will not be published. Required fields are marked *

*

Built and Powered by BoldSpirit Internet
Chat with us!
X
Welcome to Our website
Welcome to BoldSpirit Internet
wpChatIcon

Log in with your credentials

Forgot your details?